XPEL (XPEL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

XPEL

NasdaqCM•Consumer Cyclical•Auto Parts

$51.45+0.55(0.01%)Market closed

Market Cap

$1.22B

P/E

22.4x

P/S

2.4x

P/B

4.0x

XPEL, Inc. manufactures, installs, sells, and distributes protective films, coatings and related services. It offers automotive and surface paint protection, windshield protection, and automotive and architectural window films, as well as proprietary DAP software. The company also provides pre-cut film products, merchandise and apparel, ceramic coatings, installation, and tools and accessories; and training services to customers for the installation of its products. In addition, the company offers paint protection kits, car wash products, after-care products, and installation tools through its website. The company sells and distributes its products through independent installers, new car dealerships, third-party distributors, automobile original equipment manufacturers, and company-owned installation centers, as well as through franchisees and online channels. The company operates in the United States, Canada, China, the Asia Pacific, European Union, the United Kingdom, Africa, India, the Middle East, Latin America, and internationally. XPEL, Inc. was founded in 1997 and is headquartered in San Antonio, Texas.

How this company scores

GoodMetricSide Score: 70/100

Strongest: Profitability (22/25); weakest: Cash & Earnings Quality (8/25).

Profitability22/25

Growth21/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality8/25

Strengths

High ROELow leverageInterest easily coveredConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 22.4x5y range 17.1x – 66.8x

Currently below its 20-quarter median.

P/S · 2.4x5y range 1.9x – 8.8x

Currently below its 20-quarter median.

P/B · 4.0x5y range 3.4x – 26.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.5x) — earnings may be inflated by non-cash items or aggressive accounting.

Leverage Risk

Watch

Debt-to-equity has risen 13875.8% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $1.22B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $508.09M
Q. Revenue: $143.05M
TTM EBITDA: $83.18M
TTM Op. Income: $68.46M
Q. Op. Income: $23.21M
TTM Net Income: $54.73M
Q. Net Income: $18.04M
EPS: $0.65
Shares Out.: $27.56M

$508.09M in TTM revenue grew 13.2% YoY, reaching $143.05M last quarter. TTM EBITDA of $83.18M and TTM operating income of $68.46M show growth is flowing through to the bottom line. TTM net income of $54.73M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 44.1%
EBITDA Margin: 19.0%
Op. Margin: 16.2%
Net Margin: 12.6%

Op. margin of 16.2% is up 0.8% YoY — cost efficiency is improving. Net margin at 12.6% and gross margin of 44.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 5% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 22.4x
P/S Ratio: 2.4x
P/B Ratio: 4.0x

At 22.4x P/E, the stock trades within typical market levels. P/S of 2.4x and P/B of 4.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 10% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $472.65M
Cash: $40.67M
Long-Term Debt: $43.46M
Book Value: $306.13M
D/E Ratio: 0.1
Debt/EBITDA: 1.6

With $472.65M in assets and $43.46M in long-term debt, D/E is 0.1and book value is $306.13M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 13876% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $30.79M
TTM Free Cash Flow: $-2.89M
FCF Margin: -0.6%
FCF / Net Income: -0.1

TTM FCF of $-2.89M on $30.79M in operating cash flow. The FCF / Net Income ratio of -0.1x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.